[Premia TNC] Weekly Newsletter 2024 Vol.12
Premia TNC E-Newsletter
Establishing international corporations and managing tax accounting information.
Tackling worldwide challenges and embracing global trends simultaneously!
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💡Weekly E-Newsletter
✨ Hong Kong | Strategic Enterprises to Set Up or Expand Business in Hong Kong
The Hong Kong Budget 2024–25 revealed that over 40 strategic enterprises, mainly from mainland China and the United States, will invest more than $40 billion and generate over 13,000 jobs in Hong Kong. These enterprises, spanning industries such as fintech, AI, life sciences, and advanced manufacturing, will establish regional headquarters and R&D centers, leveraging Hong Kong’s favorable business environment and its ‘one country, two systems’ principle. OASES aims to attract at least 300 enterprises this year, facilitating discussions and providing one-stop services through collaboration with related departments and organizations like the Hong Kong Investment Corporation Limited and Invest Hong Kong.
👔 Singapore | Singapore vs. Hong Kong: A Comparative Summary
Explore Singapore’s streamlined regulations, competitive tax rates, and innovative workforce, contrasted with Hong Kong’s robust legal framework, complex tax incentives, and highly skilled vocational workforce. Both rank highly in terms of global competitiveness, offering attractive business environments. Be informed when choosing the one that suits your needs best.
💼 Taiwan | Three Steps to Hiring Foreigners Legally
According to Taiwan’s Employment Services Act, employment for foreigners is regulated by a permit system, requiring them to obtain permission from the Ministry of Labor. Employers must verify the original work permit, foreign resident permit, and family registry information for those with family or permanent residency applying for a job using a personal work permit. New residents holding a resident visa are exempt from obtaining a work permit but still require thorough identity verification, including inspection of residence permits, passports, marriage certificates, or household registration information, to prevent hiring individuals with fraudulent identities. “White-collar” and “blue-collar” foreigners must apply for a work permit in advance, restricting them to approved work activities. Employers can verify identities and job scopes through the National Immigration Agency Residence Permit Inquiry Website or local service stations to avoid fines of up to NT$750,000 for hiring illegal foreigners.
🏛️Vietnam | Vietnamese Government to Listen to Partners and Investors
During the Prime Minister’s meeting with FDI enterprises and the Annual Vietnam Business Forum, Prime Minister Pham Minh Chinh emphasized Vietnam’s commitment to fostering a peaceful, stable environment for cooperation and development with partners and investors. He acknowledged the significant contributions of the FDI sector to the economy’s quality and proposed further support for green transformation and sustainable development. PM Chinh urged FDI enterprises to continue their assistance in capital, technology, governance, and human resource training, emphasizing Vietnam’s commitment to ensuring businesses’ rights, policy stability, and energy transition. The nation aims for strategic breakthroughs in institutional reforms, infrastructure development, and human resources while enhancing trust, transparency, and support for sustainable growth, green and digital transformation, and public-private partnerships.
🏭 Malaysia | Manufacturing Warehouse License
The Manufacturing Warehouse License is a crucial legal requirement for manufacturing facilities, granting authorization for production and storage within designated warehouse spaces across various industries. Obtaining this permit involves a meticulous application process, including detailed documentation and compliance with zoning laws and building codes. Beyond regulatory compliance, the license offers numerous advantages, such as facilitating import-export operations, potential cost savings, and access to tax incentives and subsidies, ultimately serving as a symbol of trust and enabling sustainable success in manufacturing endeavors.
Discover Our Newest Service!
🆕 Singapore | A Glance At Singapore Variable Capital Company Structure
Premia TNC proudly unveils its exclusive service for the establishment of Singapore Variable Capital Companies (VCC), an efficient umbrella structure meticulously designed for investment funds. Discover limitless expansion possibilities and unrestricted flexibility within this sophisticated framework, offering scalability, tax efficiency, and operational flexibility. Experience a professional suite of services tailored to guide you through the complexities, ensuring strategic leveraging of VCC advantages.
🆕 Vietnam | Enhance Your Business with Vietnam Compliance Consultancy
Discover unparalleled Vietnam Compliance Consultancy Services from Premia TNC. Navigate regulatory landscapes seamlessly, ensuring your business thrives in Vietnam’s dynamic market. Contact us for expert guidance on sustainable success.
Exclusive Markdowns!
🌟 Premia TNC Hong Kong x Cathay | Unlock Rewards that Take you Places When you Partner with Premia TNC to Earn Over 10,000 Asia Miles!
Embark on a rewarding journey for your business with PREMIA TNC x Cathay. Seize the opportunity to earn over 10,000 Asia Miles by joining our services. From enticing welcome offers to lucrative referral bonuses, every order placed successfully brings you closer to a world of unparalleled benefits. Grow your business and reap the rewards by elevating your success with PREMIA TNC!
🌟 Premia TNC Hong Kong x Mastercard | Tailored Excellence and $500 Off! Elevate your Business with Premia TNC Hong Kong for This Exclusive Deal.
Get personalized corporate services at Premia TNC Hong Kong, designed for your unique needs. Our dedicated consultants handle tasks, letting you concentrate on growth. Enjoy a USD$500 discount using your Business Mastercard, unlocking 30% off premium accounting and tax filing services in Hong Kong.
🌟 Premia TNC Taiwan x Mastercard | Propel your Business and Get $500 Off on us for the Personalized Success that Awaits you with Premia TNC Taiwan.
Experience personalized corporate services at Premia TNC Taiwan, tailored for your unique needs. Let our dedicated consultants manage tasks, freeing you to focus on growth. Take advantage of a USD$500 discount with your Business Mastercard, unlocking a 30% discount on premium accounting and tax filing services in Taiwan.
🌟 Premia TNC Singapore x Vietnam | Masterplan your Expansion with Exclusive Markdowns for your Singapore Holding Company and Vietnam Subsidiary Ventures.
Unlock tax advantages in SG (territorial tax, 17% corporate tax) and VN (20%, DTAs, 0–17% incentives, loss carry-forward). Flourish in business-friendly environments with no withholding tax on dividends. Elevate your expansion strategy today, complemented by a limited-time discount with us.
⭐ Premia TNC Singapore x Oasia Hotel Downtown | Enjoy Exclusive Corporate Rates at Oasia Hotel Downtown, Singapore!
Kick back and relax with our special corporate rates at the Oasia Hotel Downtown, Singapore, exclusively extended to all clients of Premia TNC Singapore Pte. Limited. Elevate your stay to a realm of refined luxury.
⭐ Premia TNC Singapore x The Clan Hotel | Exquisite Corporate Privileges Await at The Clan Hotel, Singapore!
Indulge in the epitome of luxury with our premium corporate rates at The Clan Hotel, Singapore, exclusively curated for esteemed clients of Premia TNC Singapore Pte. Limited. Elevate your corporate stay to unparalleled sophistication.
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Premia TNC April Holiday Notice
Welcome March with renewed energy and enthusiasm! May this month bring you success, growth, and a wealth of positive experiences. 🌟
🗞️Writer: Faraaz
🗞️Productor: Julia ⋅ Felice
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PREMIA TNC LIMITED / KORCHINA TNC CPA LIMITED
Founded in 2003, Premia TNC operates in Hong Kong, Singapore, Vietnam, Taiwan, Malaysia, Korea, and Dubai.
We provide consulting and accounting services, including corporate establishment, management, accounting, tax advice, and auditing.
Unit 706, 7/F, Tower 2, South Seas Centre, 75 Mody Rd, Tsim Sha Tsui, Hong Kong
TEL (+852) 6484 3419
[email protected]
